Mobile cranes typically cost £180,000 to £1,500,000; most UK plant hire and construction firms finance them through HP or lease rather than tying up working capital.
Yes, mobile cranes are financed as a standard asset purchase, usually on hire purchase or a lease, with the machine itself acting as the security. UK prices typically run £180,000 to £1,500,000, and most deals are written over 36–84 months with a deposit of around 15–20%. Decisions typically take 3–5 working days. Used machines are financeable too, usually with a shorter term.
Typical Cost
£180k – £1500k
Approval Speed
3–5 working days
Full underwriting for higher-value units
Rates From
5.4% APR
Your estimate
Indicative only. Not a quote and not an offer of finance.
Pre-filled with a typical mobile crane price. Indicative only, not a quote.
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Check EligibilityOn a purchase price of £420,000: a 10% deposit of £42,000, then 48 monthly payments of £8,860 at 5.9% APR representative (fixed). Total amount payable £467,280, including the deposit. The rate you are offered depends on your business and the asset.
Guide prices for sizing a finance agreement, not quotes. Manufacturers in this market mostly price on application, so where a current UK list price could not be confirmed the row describes a specification class rather than naming a model. Your supplier quote is what the agreement is written against.
| Machine or specification | Guide price | Type |
|---|---|---|
| Compact all-terrain mobile crane, 30–60 tonne class | £180,000 – £420,000 | Compact All-Terrain Crane |
| Mid-range all-terrain mobile crane, 60–100 tonne class | £420,000 – £750,000 | Mid-Range All-Terrain Crane |
| Heavy all-terrain mobile crane, 130 tonne class and above | £750,000 – £1,500,000 | Heavy All-Terrain Crane |
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Check EligibilityA mobile crane is plant and machinery for tax purposes, so it qualifies for the Annual Investment Allowance, letting a business deduct the full cost from taxable profits in the year of purchase, up to the current £1,000,000 limit, where bought under Hire Purchase. Under a Finance Lease or Operating Lease you do not own the crane outright, so allowances are not claimed directly; instead the rental payments are generally deducted as a business expense against profits.
Mobile cranes are bought mainly by crane hire specialists and larger contractors who need lifting capacity across multiple sites, since a self-propelled, road-legal crane can be driven or transported between jobs far more quickly than a machine that has to be erected in place. Finance is common because a mobile crane represents a large single capital cost that keeps earning across many short-duration lifts rather than one project, so spreading the cost matches how the asset itself generates revenue. Replacement is driven mainly by rising hours and hydraulic wear, changing certification and thorough examination requirements, and the reach or capacity needed for newer contracts, rather than a fixed age. A mobile crane sits at the fully moveable end of the lifting spectrum, unlike a tower crane erected and dismantled on a single site or a passenger lift permanently installed in a building, and that self-propelled flexibility supports a genuinely deep and active UK and European used market.
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